1678 Roosevelt Avenue, Los Angeles, CA 90006

  • $1,245,000
1678 Roosevelt Avenue
ResidentialIncome Active
1678 Roosevelt Avenue, Los Angeles, CA 90006
1678 Roosevelt Avenue
  • $1,245,000

Overview

Property ID: HZ23321311
  • 4
  • Bedrooms
  • 4
  • Bathrooms
  • 2212
  • Sq Ft
  • 1905
  • Year Built

Description

STRONG RENTAL MARKET FOR THIS STATUESQUE APPROPRIATE TWO-STORY BUILDING! GREAT FOR A LONG-STANDING REAL ESTATE PORTFOLIO HOLDING! (just above West Adams Heights!)…A RARE opportunity! This Craftsman Classic 4-Unit Smart Investment has so much to offer! Existing are 4 One-Bedroom Units, yet the Tax Assessor states that there are 2 Two-Bedroom Units and 2 One-Bedroom Units, Tax Assessor has stated ”6 Bedrooms”, something to look into, for sure! Many Property Features have been Updated in recent years. AND ‘EVEN BETTER’ GOOD NEWS: One unit can be delivered Vacant! This allows the Buyer(s) to either provide this Vacancy to a Family Member, OR Rent this Vacancy at Current Market Rates (which is pretty darn good these days!). ALSO, Should this help the Buyer(s), there is an Assumable LOW Interest Rate(3%, 4% and 5% at specified times during the term of the loan)1st Trust Deed Loan of about $350,000, with approximately 8 more years left on the Loan, available to the Buyer. This is a MAJOR benefit for the Buyer. Interest only payments due each month on the assumable loan!!!

  • Address Roosevelt
  • City Los Angeles
  • State/county Los Angeles
  • Zip/Postal Code 90006

Details

Updated on September 1, 2025 at 10:06 pm
  • Property ID: HZ23321311
  • Price: $1,245,000
  • Property Size: 2212 Sq Ft
  • Land Area: 0.1386 SquareFeet
  • Bedrooms: 4
  • Bathrooms: 4
  • Year Built: 1905
  • Property Status: ResidentialIncome
  • Listed by: Jonathan Jay
  • DRE #: 01979786
  • Contact Phone: 3236603600|302
  • Contact Mail: jonathan@brucejay.com
  • Brokered by: Bruce Jay Associates

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